GenX GenY GenZ Readers’ Choice Award – Best Top 5 Cash Back Credit Cards in Malaysia 2019

GenX GenY GenZ, Malaysia’s No.1 Top Unbiased and Independent Personal Finance website is proud to present to you another Readers’ Choice Award – Malaysia’s Best Top 5 Cash Back Credit Card for 2019. My Followers determine which are the Best Cash Back Credit Cards in Malaysia. I don’t get to vote.

I would like to thank all of you who took the trouble to vote your favorite Cash Back Credit Cards at my Facebook.

Based on the votes submitted, below are the Best Cash Back Credit Cards in Malaysia for 2019.

READERS’ CHOICE BEST TOP 5 CREDIT CARDS IN MALAYSIA 2019

The No.1 Best Cash Back Credit Card In Malaysia – Maybank 2 Cards Gold/Platinum American Express (32.30% of total votes)

Malaysia Best No.1 Cash Back Credit Cards 2019.jpg

The Maybank 2 Gold/Platinum Cards are FREE FOR LIFE without any conditions. Basically only the AMEX is good as it is a hybrid credit card that earns you both Cash Back and 5X Treats Points (reward points). As for the Visa or MasterCard that comes with the combo, you can keep it in the drawer because it is really useless unless you are entitled to get some kind of discount with it.

Both the Gold and Platinum versions have the same exact benefits.

Effective 1st June 2019, the Maybank 2 Gold/Platinum Cards American Express earns you 5% cash back on weekends (Saturday and Sunday) for all types of transactions except for JomPay, Government and Utilities (TNB, Gas, IWK and Water). You will earn ZERO Treats Points on weekends with the AMEX.

On weekdays (Monday to Friday), the Maybank 2 Gold/Platinum Cards American Express earns you only 5X Treats Points for every Ringgit spent with the exception of transactions related to Government (ZERO Treats Point), JomPay (ZERO Treats Point), Insurance (1X Treats Point), Utilities (1X Treats Point) and Education (1X Treats Point).

With the above, you can earn guaranteed RM600 per year in Cash Back plus Treats Points too.

For years I have been recommending the FREE FOR LIFE Maybank 2 Gold/Platinum Cards and it has been consistently been the Top 3 Credit Cards in Malaysia for years.

If you are new to credit cards, the first thing you should do is CLICK HERE and take my FREE Credit Card Tutorial 101 which will teach you the basics of owning a credit card. Make sure you read all the links so that you are well educated on matters related to credit cards and won’t be tricked by scammers and how to prevent fraudulent use of your credit cards.

The No.2 Best Cash Back Credit Card In Malaysia – Maybank FC Barcelona Visa Signature (29.19% of total votes)

Malaysia Best No 2 Cash Back Credit Cards 2019.jpg

The Maybank FC Barcelona is a fantastic credit card that earns you cash back for all types of transactions including insurance. But effective 1st June, the Maybank FC Barcelona earns you NOTHING from transactions related to JomPay, Government and Utilities.

The MBB FCB VS is FREE FOR LIFE too without any conditions.

The Maybank FC Barcelona earns you 2% cash back capped at RM50 per month. However, in the months of May and August, you are entitled to 10% cash back capped at RM100 per month. Therefore, the maximum cash back you can earn from the Maybank FC Barcelona is RM700 per year!!!

The No.3 Best Cash Back Credit Card In Malaysia – Public Bank Quantum Cards  (13.66% of total votes)

Malaysia Best No 3 Cash Back Credit Cards 2019.jpg

The Public Bank Quantum Visa and MasterCard credit cards are FREE FOR LIFE without any conditions too.

With the Public Bank Quantum Cards, you can earn 5% cash back for transactions related to Dining, Online, Departmental Store and Entertainment. If you are earning RM36K p.a., there is no reason why you are not holding these cards. Click here to my FREE Credit Card Tutorial 2018 to learn more.

The Public Bank Visa and MasterCard each has its own Monthly Cash Back Cap of RM30, i.e. total cash back RM60 per month with both cards.

The No.4 Best Cash Back Credit Card In Malaysia – Public Bank Visa Signature (11.18% of total votes)

The Public Bank Visa Signature annual fee is waived if you swipe it once a month. It earns you 6% cash back from Dining, Online and Groceries transactions.

This card used to be fantastic but Public Bank has reduced the monthly cash back cap to RM38 per month in 2018!

Click here to learn more about the Public Bank Visa Signature. This card also grants you FREE access to airport lounges.

The No.5 Best Cash Back Credit Card In Malaysia – Standard Chartered Bank Just One Platinum (4.97% of total votes)

The SCB Just One Platinum MasterCard annual fee is waived if you spend RM20K with it. This card is pretty good if you have monthly insurance premium amounting to RM2.5K exactly where you can earn RM85 per month – that’s RM1,020 per year in FREE money!

Click here to learn more about the SCB Just One Platinum MasterCard.

Click here to read the revised benefits of Standard Chartered Bank credit cards effective May 2019

Click here to read MORE revised benefits of the Standard Chartered Bank Just One Platinum Effective 1st July 2019

Malaysia Best No 4 5 Cash Back Credit Cards 2019

CONCLUSION

On behalf of all my Followers, same same like last year, I would like to take this opportunity to thank both Public Bank and Maybank for their generosity in assisting the Rakyat to cope with the ever rising cost of living.

Here are the breakdown of the votes:

  • No.1 Maybank 2 Gold/Platinum Cards – Votes = 32.30%
  • No.2 Maybank FC Barcelona – Votes = 29.19%
  • No.3 Public Bank Quantum Cards – Votes = 13.66%
  • No.4 Public Bank Visa Signature – Votes = 11.18%
  • No.5 Standard Chartered Bank Just One Platinum = 4.97%

Once again, GenX GenY GenZ, Malaysia’s No.1 Unbiased Personal Finance Website, the leader on matters relating to Credit Cards in Malaysia, has come out with another systematic method to determine the best cash back credit card in Malaysia, i.e. Readers’ Choice Award for Best Cash Back Credit Cards 2019. And you can expect other biased Malaysian personal finance websites to mimic/copy/plagiarize my idea.

With the above Readers’ Choice Award, GenX GenY GenZ has once again in 2019 cemented itself as Malaysia’s No.1 UNBIASED & INDEPENDENT Personal Finance Website  and it is all thanks to you, my Followers 🙂

Zillion Thanks

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